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Bigger sticks, smaller budget: ASIC's enforcement in 2015
Insight 25 Feb 2015

In 2014 the Australian Securities and Investments Commission ASIC was chastened by the Senate Economics References Committee which wants ASIC to be more effective but encouraged by the Financial System Inquiry which wants ASIC to take on greater powers Meanwhile the Federal Government has reduced ...

Octaviar - the perils of procrastination
Insight 13 Mar 2015

In two decisions arising from the Octaviar liquidation the High Court has given guidance on liquidators ability to seek extensions of time for bringing voidable transaction claims The decisions also highlight the risks of such applications Partner Christopher Prestwich and Lawyer Julia Baine report ...

Workplace relations
Insight 04 Mar 2015

In this issue we look at recent important decisions concerning calculating payment of accrued leave on termination redundancy of senior executives the redundancy risk posed by attempts to forcibly relocate employees disaggregating lawful and unlawful reasons in adverse action termination claims and ...

Class Action Insights
Insight 07 Apr 2015

The recent settlement of the Great Southern class action raises a number of interesting and important issues not only because the court took the unusual step of publishing its reasons for judgment after the settlement had been announced ...

The fintech phenomenon - risks and opportunities
Insight 01 Apr 2015

Everyone is talking about fintech What is it And what does it mean for the financial services industry and for regulation ...

Digital First: Government releases alpha Digital Service Standard
Insight 04 May 2015

The Australian Government has released its alpha Digital Service Standard which establishes criteria that all Australian digital government services must meet to ensure they are simpler faster and easier to use ...

GST on offshore services and intangible supplies
Insight 14 May 2015

GST is to be applied to the supply of services and other intangibles by non-residents to Australian consumers under legislation proposed to apply from 1 July 2017 This will include the supply of digital products and the supply of other services The liability for GST on such supplies made through an ...

When are LDs a penalty?
Insight 08 May 2015

The Supreme Court of Queensland recently considered whether liquidated damages in a standard form construction contract were a penalty In a decision that traversed long-held doctrines on penalties and recent developments in emAndrewsem and Paciocco the court ruled that the obligation to pay ...

Fact sheet: What price to pay for social media in the workplace?
Insight 24 Jun 2015

Theres an assumption that everyone is on social media these days even when theyre at work - and they probably are Many startups embrace social media but as an employer you will need to understand and manage the risks that come with the use of social media in the workplace ...

APRA information paper targets shared computing arrangements
Insight 17 Jul 2015

In response to its concerns about the potential risks associated with shared computing services including cloud computing APRA has issued an information paper that sets out prudential considerations and key principles for APRA-regulated entities using such services Partner Michael Morris Senior ...

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